🎩 Abracadabra’s Half Magic: Half Loss Restored Post-Pillage 🧙‍♂️

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In the grand theater of digital alchemy, Abracadabra Finance has conjured a spectacle: a restoration of half its vanquished wealth, snatched from the clutches of a $13 million digital heist. With a flourish of the digital wand, they’ve summoned 6.5 million MIM, a sum equivalent to precisely half the fortune pilfered by mischievous hands.

In the wake of the digital disaster, a missive was cast into the digital aether, the protocol’s voice resounding with a mix of reassurance and resolve. The coffers of the common users, they proclaimed, remained untouched by the marauding fingers of the cyber-thief. With unyielding determination, the sorcerers of Abracadabra work their craft, seeking to reclaim the lost digital gold in the form of MIM, the enchanted stablecoin that anchors their mystical realm.

From the deep vaults of their DAO treasury, brimming with nearly $19 million in treasures, they have withdrawn a sizeable hoard to repurchase MIM from the hands of the many, in a quixotic quest to restore order to the supply’s delicate balance. “Already,” boasts the Abracadabra coven, “have we reclaimed 50% of our losses, with the remainder to be swallowed by our own coffers in the moons to come.”

And lo, the MIM peg, a steadfast sentinel amidst the maelstrom, has withstood the tempest, barely dipping below the sacred $1.00 threshold. As the ink dries upon this tale, the ETH-based stablecoin has suffered but a 0.5% fall, trading at a tantalizing $0.9946, as the oracles of CoinGecko have divined.

In their digital divinations, Abracadabra has unveiled a tapestry of tactics to reclaim their glory post-pillage. Beyond the mentioned treasuring and token tinkering, they whisper of ventures into the enigmatic lands of Berachain and Nibiru Chain. And oh! A new feline-themed DEX, Purrswap, is to be conjured upon the HyperEVM realm, with Abracadabra’s patronage promising funds, resources, and wisdom.

As for the elusive stolen spoils, Abracadabra has entered into an alliance with the sleuths of Chainalysis, tracing the pilfered pot of 6,000 ETH to three separate digital lairs. The protocol, ever the diplomats, hint at a willingness to parley with the digital pirate, should he wish to return the swag with honor.

As the scribes of crypto.news have recorded, Abracadabra Finance fell prey to a dastardly digital assault, withgmCauldron’s smart contracts as the stage for the thievery, where GMX and Abracadabra’s lending pacts were cunningly compromised.

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2025-03-26 14:29